Showing 1 to 12 of 13 results
Student Loan Interest to Resume, Impacting Millions
The interest moratorium on student loans for approximately eight million borrowers enrolled in the SAVE plan ends August 1, 2025, resulting in an average annual interest increase of $3,500 per borrower, significantly impacting low-income individuals; the SAVE plan will be fully repealed by July 1, 2...
Student Loan Interest to Resume, Impacting Millions
The interest moratorium on student loans for approximately eight million borrowers enrolled in the SAVE plan ends August 1, 2025, resulting in an average annual interest increase of $3,500 per borrower, significantly impacting low-income individuals; the SAVE plan will be fully repealed by July 1, 2...
Progress
48% Bias Score
End of SAVE Plan Triggers Student Loan Payment Increases
The termination of the SAVE plan for federal student loan borrowers, impacting nearly 7.7 million individuals, will result in significantly higher monthly payments under the IBR plan, potentially doubling costs and leading to financial hardship for many. The new Repayment Assistance Plan offers an u...
End of SAVE Plan Triggers Student Loan Payment Increases
The termination of the SAVE plan for federal student loan borrowers, impacting nearly 7.7 million individuals, will result in significantly higher monthly payments under the IBR plan, potentially doubling costs and leading to financial hardship for many. The new Repayment Assistance Plan offers an u...
Progress
60% Bias Score
Trump Administration to Restart Interest on 8 Million Student Loans in SAVE Plan Forbearance
The Trump administration will begin charging interest on student loans in the SAVE plan forbearance starting in August, impacting eight million borrowers, despite prior assurances to the contrary, amid ongoing legal challenges and operational issues within the Department of Education.
Trump Administration to Restart Interest on 8 Million Student Loans in SAVE Plan Forbearance
The Trump administration will begin charging interest on student loans in the SAVE plan forbearance starting in August, impacting eight million borrowers, despite prior assurances to the contrary, amid ongoing legal challenges and operational issues within the Department of Education.
Progress
56% Bias Score
Misleading Student Loan Interest Notices Expose System Flaws
Millions of US federal student loan borrowers in SAVE plan forbearance received erroneous notices stating interest was accruing on their loans, despite the interest being 0% due to an ongoing legal challenge and resulting administrative backlog.
Misleading Student Loan Interest Notices Expose System Flaws
Millions of US federal student loan borrowers in SAVE plan forbearance received erroneous notices stating interest was accruing on their loans, despite the interest being 0% due to an ongoing legal challenge and resulting administrative backlog.
Progress
40% Bias Score
Student Loan IDR and PSLF Buyback Application Processing Backlog: First Status Report Shows Slow Progress
The Department of Education's first status report on student loan IDR and PSLF Buyback application processing reveals that only a small fraction of the applications have been processed, leaving a massive backlog of nearly two million IDR applications and nearly 50,000 PSLF Buyback applications.
Student Loan IDR and PSLF Buyback Application Processing Backlog: First Status Report Shows Slow Progress
The Department of Education's first status report on student loan IDR and PSLF Buyback application processing reveals that only a small fraction of the applications have been processed, leaving a massive backlog of nearly two million IDR applications and nearly 50,000 PSLF Buyback applications.
Progress
40% Bias Score
GOP's Student Loan Plan to Increase Borrower Costs by $3,000 Annually
The GOP's Repayment Assistance Plan (RAP) would replace the SAVE plan, increasing average annual student loan payments by roughly $3,000 for most borrowers, while extending repayment terms to 30 years and eliminating negative amortization, to offset a projected $330 billion reduction in federal spen...
GOP's Student Loan Plan to Increase Borrower Costs by $3,000 Annually
The GOP's Repayment Assistance Plan (RAP) would replace the SAVE plan, increasing average annual student loan payments by roughly $3,000 for most borrowers, while extending repayment terms to 30 years and eliminating negative amortization, to offset a projected $330 billion reduction in federal spen...
Progress
40% Bias Score
Trump Administration's Student Loan Policy Shift Causes Financial Hardship and Workforce Shortages
The Trump administration's decision to reinstate interest on student loans under the SAVE plan, impacting nearly 8 million borrowers, will cause loan balances to increase and delay major life events for many, adding to workforce shortages in critical sectors.
Trump Administration's Student Loan Policy Shift Causes Financial Hardship and Workforce Shortages
The Trump administration's decision to reinstate interest on student loans under the SAVE plan, impacting nearly 8 million borrowers, will cause loan balances to increase and delay major life events for many, adding to workforce shortages in critical sectors.
Progress
52% Bias Score
Senators Condemn Plan to Restart Interest on SAVE Student Loan Repayment Plan
Senators Warren, Sanders, and Schumer urged Education Secretary Linda McMahon to halt the plan to restart interest on the SAVE student loan repayment plan, accusing the Department of misleading the public about a court order; the Department plans to resume interest charges on August 1, 2025, leaving...
Senators Condemn Plan to Restart Interest on SAVE Student Loan Repayment Plan
Senators Warren, Sanders, and Schumer urged Education Secretary Linda McMahon to halt the plan to restart interest on the SAVE student loan repayment plan, accusing the Department of misleading the public about a court order; the Department plans to resume interest charges on August 1, 2025, leaving...
Progress
52% Bias Score
Trump Administration to Restart Interest on Student Loans Under SAVE Plan
The Trump administration will resume charging interest on student loans under the SAVE plan starting next month, potentially costing nearly 8 million borrowers an extra $3,500 annually, despite legal challenges from the SBPC.
Trump Administration to Restart Interest on Student Loans Under SAVE Plan
The Trump administration will resume charging interest on student loans under the SAVE plan starting next month, potentially costing nearly 8 million borrowers an extra $3,500 annually, despite legal challenges from the SBPC.
Progress
40% Bias Score
Federal Student Loan Crackdown and Repayment Plan Changes to Impact Millions
The Trump administration is resuming collections on defaulted federal student loans, potentially impacting millions through wage garnishment and federal offsets, while proposed legislation could force millions more into higher-payment repayment plans.
Federal Student Loan Crackdown and Repayment Plan Changes to Impact Millions
The Trump administration is resuming collections on defaulted federal student loans, potentially impacting millions through wage garnishment and federal offsets, while proposed legislation could force millions more into higher-payment repayment plans.
Progress
64% Bias Score
Student Loan Collections Resume Amidst Legal Challenges
The Department of Education restarted involuntary collections on 5.3 million defaulted student loans while simultaneously facing legal challenges to income-driven repayment plans, causing significant confusion and delays for borrowers.
Student Loan Collections Resume Amidst Legal Challenges
The Department of Education restarted involuntary collections on 5.3 million defaulted student loans while simultaneously facing legal challenges to income-driven repayment plans, causing significant confusion and delays for borrowers.
Progress
40% Bias Score
Millions of Student Loan Borrowers Face Payment Suspension Until 2025 Amidst Legal Battles
The Education Department announced that millions of student loan borrowers will likely have no payment obligations for most of 2025 due to ongoing legal challenges over the SAVE plan and other income-driven repayment (IDR) plans; however, student loan forgiveness remains blocked under several plans ...
Millions of Student Loan Borrowers Face Payment Suspension Until 2025 Amidst Legal Battles
The Education Department announced that millions of student loan borrowers will likely have no payment obligations for most of 2025 due to ongoing legal challenges over the SAVE plan and other income-driven repayment (IDR) plans; however, student loan forgiveness remains blocked under several plans ...
Progress
36% Bias Score
Showing 1 to 12 of 13 results